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The Florida Real Estate Bust
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If you want to see the madness and the grisly aftermath of the U.S. housing boom and bust, look at Florida. It’s not alone. Vegas, Phoenix, San Diego, Detroit — they’ve all got horror-story numbers now. But the biggest home price drops in the country were in Miami last year.

Empty condos, collapsing values. The heart of the Florida meltdown — in Miami, the southwest, the Gulf Coast — could be Exhibit A for what went wrong in American real estate.

The condo vultures are out now. And there’s a story to tell.

This hour, On Point: Florida real estate, and the great American meltdown.

Guests:

Wayne Archer, executive director of the Bergstrom Center for Real Estate Studies at the University of Florida.

Peter Zalewski, founder of Condo Vultures, a real estate investment consulting firm.

Mike Larson, real estate analyst for Weiss Research.

Susan MacManus, professor of political science at University of South Florida.

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  • Jeremy Grantham

    Dr. Archer is amazing in his past inaccuracies.

    This man published numerous articles in 2007 about the bright future of Florida real estate.

    He appears to have been quite mistaken.

  • Anonymous

    Florida real estate is really boosting and the price of the ground are continue is going down.But the people still mostly prefer to built a house in the Florida.

    Houston Realtors

  • Anonymous

    It’s really shocking about Real estate of Florida. And the content of this post really discloses something shocking about it. And according to me, real estate industry can’t busted.

    Rental Choice

  • Rohitshrvas

    Dr. Wayne Archer’s predictions have been followed and respected since decades. He is one of the most prominent figures in Real Estate academia and probably the best minds in professional real estate today have one or the other way, relied on his books, articles, publications and research works.  No one is and can possibly be a predictor of Black Swan’s. 
    Also I would like to request the host to address the guest speakers with proper salutations. 

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